1. Nokia repurchased 1.37M shares at EUR 4.72 each. Transaction cost was EUR 6.47M. 2. The move is part of a 150M share buyback program to offset dilution. It addresses new shares issued for Infinera incentives. 3. Post-transaction, treasury shares total 258.5M. This strengthens Nokia’s capital management. 4. The repurchase complies with EU market regulations. Transparency is maintained throughout the process.
Buybacks often signal management confidence and reduce share dilution, improving EPS. Similar past initiatives have led to modest price gains over time.
The announcement is materially significant as it offsets dilution and signals prudence, though such repurchases are standard. Its routine nature anchors the impact while still providing strategic value.
A gradual program like this benefits financial metrics over years by curbing dilution effects. Historical examples show improved valuation metrics following sustained repurchase plans.